564 Chili Avenue, Rochester NY
Mixed-Use Investment | Fully Equipped Bar & Restaurant + 3 Residential Units | $250,000
Marketing description
Priced to sell at $250,000 (recently reduced from $290,000), this income-producing mixed-use property offers a rare combination of a fully operational first-floor bar, lounge, and restaurant — complete with a professional full kitchen and two commercial bathrooms — plus three one-bedroom residential units on the second floor with electric and heat included in rent. The building features 4 separate gas meters for individual unit management. Ideal for an owner-operator seeking to minimize occupancy costs or an investor looking for dual-stream income. Significant value-add opportunity with turnkey commercial infrastructure already in place.
Investment highlights
• Asking price: $250,000 (reduced from $290,000 — motivated seller)
• First-floor: Full bar, lounge, restaurant area, professional kitchen, 2 commercial bathrooms
• Second floor: 3 one-bedroom residential units — electric & heat included in rent
• 4 separate gas meters for flexible, individual unit management
• Immediate income potential: lease commercial space + 3 residential units
• Owner-operator potential: operate the bar/restaurant while residential rents offset costs
• Significant build-out savings — commercial kitchen and bar already installed
• Versatile use: bar, restaurant, taproom, event space, or hospitality concept
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